Portugal Balance of Trade - Forecast

Balance of Trade in Portugal is expected to be -1064.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Portugal to stand at -1392.00 in 12 months time. In the long-term, the Portugal Balance of Trade is projected to trend around -1230.00 EUR Million in 2020, according to our econometric models.


Portugal Balance of Trade
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Portugal Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -867 -1064 -1000 -1121 -1392 -1230
Exports 5217 4278 4498 4744 4265 4675
Imports 6084 5342 5498 5962 5657 5905
Current Account 209 290 -190 -171 -160 -90
Current Account to GDP 0.8 -0.5 -0.5 -0.5 -0.5 -0.6
External Debt 406678 407600 408100 408328 412300 423300
Capital Flows 620 520 -320 17.13 304 287
Foreign Direct Investment 246 304 398 318 450 120
Remittances 283 280 302 241 396 402
Tourism Revenues 1005 950 1320 1840 1020 1400
Gold Reserves 383 383 383 385 383 383
Terrorism Index 0 0 0 0 0 0
Tourist Arrivals 2261582 2920000 4451000 4660000 1774000 2153000
Weapons Sales 169 7 7 122 8 9